90.9 WBUR - Boston's NPR news station
Top Stories:
PLEDGE NOW
How We Save (and Spend) Now

Americans have suddenly become savers – but still spend in surprising ways. We look at the new profile of how we save, spend and splurge.

Shoppers stroll through Sawgrass Mills Mall during the first day of the back-to-school sales tax holiday, Aug. 13, 2010 in Sunrise, Fla. (AP)

American saving and spending are all over the place these days.

In Biwabik, Minnesota, Alice Splawn and her husband lost two thirds of their income when he lost his job.  Now she sews her own clothes and hunts deer for dinner. Meanwhile, sales at pricey Starbucks, Apple and Mercedes Benz are rocking.

Overall, Americans are definitely saving more – from necessity or fear.  But there is glossy spending out there, too – and sometimes from the same families trying to save. 

It’s a new, mixed-up world of consumption and constraint — the new saving and spending in America.

-Tom Ashbrook

Guests:

Devin Leonard, staff writer for Bloomberg Businessweek. His recent cover story for Businessweek is The New Abnormal.

Marshal Cohen, chief industry analyst for the NPD Group. He’s author of “Buy Me! New Ways to Get Customers to Choose Your Product and Ignore the Rest.”

Christine Moorman, professor of business administration at Duke University.

John Quelch, professor of business administration at Harvard University. Watch a video of Quelch talking about consumer behavior in this recession.

Please follow our community rules when engaging in comment discussion on this site.
ONPOINT
TODAY
Mar 6, 2015
Israeli Prime Minister Benjamin Netanyahu waves as he speaks before a joint meeting of Congress on Capitol Hill in Washington, Tuesday, March 3, 2015. Since Republicans took control of Congress two months ago, an elaborate tug of war has broken out between GOP lawmakers and Obama over who calls the shots on major issues for the next two years. (AP)

Netanyahu’s speech. Hillary Clinton’s email. Obamacare back at the high court. A stunning start to the Boston Marathon bombing trial. Our weekly news roundtable goes behind the headlines.

Mar 6, 2015
"The Sellout" is novelist Paul Beatty's new book. (Courtesy Farrar, Strauss & Giroux)

Author Paul Beatty’s novel “The Sellout” is a satirical look at race relations in America. He joins us.

RECENT
SHOWS
Mar 5, 2015
One in four women use psychiatric medication. The reasons for the medication aren't always so clear. (Flickr)

Are American women being prescribed psychiatric drugs – anti-depressants, anti-psychotics — for normal emotions? We’ll hear out one psychiatrist’s bold claim.

 
Mar 5, 2015
A car passes a memorial for Michael Brown, who was shot and killed by Ferguson, Mo., Police Officer Darren Wilson last summer, Tuesday, March 3, 2015, in Ferguson. A Justice Department investigation found sweeping patterns of racial bias within the Ferguson police department, with officers routinely discriminating against blacks by using excessive force, issuing petty citations and making baseless traffic stops, according to law enforcement officials familiar with the report.  (AP)

The big Justice Department report finds a pattern of racial bias in the Ferguson Police Department. Now what? We’re back in Ferguson – and beyond — for answers.

On Point Blog
On Point Blog
Answers To Your Questions On Black Holes
Tuesday, Mar 3, 2015

Yale University’s Priyamvada Natarajan answers your black hole questions in full. (Well, most of them.)

More »
Comment
 
Want To Listen To Lead Belly? Here’s Where To Start
Monday, Mar 2, 2015

Loved our show on Lead Belly, but unsure on where you should start to listen? Jeff Place of the Smithsonian Center for Folklife and Cultural Heritage offers his best picks for a beginning Lead Belly listener.

More »
Comment
 
Our Week In The Web: February 27, 2015
Friday, Feb 27, 2015

We won’t lead you into a debate on the color of #TheDress (it’s blue and black, end of debate), but we do wonder about the blurring lines between so-called Internet culture and general popular culture. Also, it’s snowing in Boston. Still.

More »
Comment